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July 02, 2015 2:47 AM ET

Healthcare Providers and Services

Company Overview of American Medical Response, Inc.

Company Overview

American Medical Response, Inc., doing business as Access2Care, provides medical transportation services in the United States and the District of Columbia. It offers fixed wing air ambulance transport; emergency ambulance and emergency department medical services to the international community; managed transportation services programs to provide non-emergency medical transportation management services to health plans, healthcare facilities, and government entities; and integrated services, including basic and advanced life support, critical care transport, neonatal and pediatric team ambulance transport, wheelchair van, and emergency services to hospitals, hospital networks, rehabilitation f...

6200 South Syracuse Way

National Resource Center

Suite 200

Greenwood Village, CO 80111

United States

Founded in 1992

Phone:

303-495-1200

Fax:

303-495-1811

Key Executives for American Medical Response, Inc.

Chief Executive Officer and President
Age: 45
Chief Operating Officer and Chief Financial Officer
Chief Executive Officer of West Region
Chief Executive Officer of South Region
Chief Executive Officer of East Region
Compensation as of Fiscal Year 2015.

American Medical Response, Inc. Key Developments

American Medical Response, Inc. Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2015

American Medical Response, Inc. announced unaudited earnings results for the first quarter ended March 31, 2015. The company’s net revenue of $419.4 million grew by 13.5% from the first quarter of 2014, largely as a result of organic growth of 11.5% and acquisition growth of 2.0%. Adjusted EBITDA of $51.8 million grew by 32.4%, compared to $39.1 million in the first quarter of 2014. This was largely a result of revenue growth, more efficient expense management including deployment of personnel from ongoing initiatives and lower fuel costs. Income from operations was $31,088,000 compared to $17,083,000 a year ago.

Access2Care, a business unit of American Medical Response to Spend $500,000 on Call Center Expansion

Access2Care, a business unit of American Medical Response, has had a Meridian office with about 20 employees for five years. The company is closing that office and moving its staff to a renovated 10,000-square-foot office at 370 N. Mitchell Street, west of downtown Boise. The new office will have about 65 employees. The enlarged Boise office will be one of three American Medical Response call center hubs; the other two are in Missouri and Florida. Most of the workers in Boise will be handling calls for people who need medical transportation in Idaho, Oregon and Washington, and the rest will work as administrative staff.

American Medical Response Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

American Medical Response reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company generated net revenue of $402.2 million, an increase of 14.7%, or $51.4 million. Adjusted EBITDA was $52.5 million, an increase of 32.5%, or $12.9 million. The increase was attributable to revenue increases, the actualization of cost improvements, primarily driven by deployment and staffing efficiencies, and favorable insurance trends. Income from operations was $32.655 million against was $7.782 million a year ago. For nine months, the company reported net revenue was $1.16 billion, an increase of 14.1%. Adjusted EBITDA was $138.2 million, an increase of 25.8%. Income from operations was $74.033 million against was $35.339 million a year ago.

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